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EPISODE 031

Procurement Reimagined

In this episode of Procurement Reimagined, we speak with Rachel Hassall, Board Member at RiteSize, who shares her insights on the importance of recognising and articulating the value of procurement roles.
 
They discuss the importance of recognising and articulating the value of procurement roles, the significance of storytelling in engaging stakeholders, and the necessity of aligning procurement goals with broader organizational objectives. Rachel emphasises the need for procurement professionals to ask questions and understand the needs of cross-functional teams, while also addressing common mistakes made in the field. The conversation wraps up with quickfire questions that reveal personal insights and recommendations for professional growth.
 
Takeaways
  • Underestimating personal value can hinder career growth.
  • Articulating procurement's value is crucial for engagement.
  • Understanding cross-functional goals enhances procurement effectiveness.
  • Storytelling is essential for successful procurement communication.
  • Asking questions is a simple yet effective strategy.
  • Procurement should align with broader business objectives.
  • Avoid over-complicating supplier and contract management.
  • Engaging stakeholders requires understanding their needs.
  • Active participation on platforms like LinkedIn is beneficial.
  • Recognising the importance of collaboration over competition is key.

Book a call with a Vendor and Contract Management Expert here or download Gatekeeper's Introduction to Vendor and Contract Lifecycle Management (VCLM).

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